Keep a watch on HCL Tech, ITC, Tata Motors and Tech Mahandir which have seen in long build-up - Trade Smart Online

Below is the views on Weekly Market Quote by Vijay Singhania, Founder-Director, Trade Smart Online, a leading discount brokerage firm.

"Global sentiments will continue to dominate market sentiments in the coming week. In the coming week, the outcome of US presidential elections of 2016 will have a bearing on global stocks, including India, w

Cyrus Mistry stays Chairman of Group units, Tata splits - Dynamic Levels

Ratan Tata replaced Cyrus Mistry on the top of the holding company of nation’s largest conglomerate in a single board meeting. Expelling Mistry from the boards of more than 10 companies in the group won’t be easy. A week after the coup at Tata Sons, Mistry stays chairman and non-executive director of Tata Motors, owner of Jaguar Land Rover; Tata Power and Indian Hotels, which runs t

Note on Gold ETF by Mr.Chirag Mehta - Quantum AMC

Below is the views on Gold Outlook by Mr. Chirag Mehta  Senior Fund Manager - Alternative Investments Quantum Gold Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund & Quantum Equity Fund of Funds

Buying gold jewellery shouldn’t be confused with investing in gold. Increasing awareness on the drawbacks of physical gold as an investment option has

Mistry effect: Tata lose 55,000 cr in market cap in 3 days - Dynamic Levels

Tata group stocks lost a combined Rs.55,000 cr in market value in the last 3 days after ousted Cyrus Mistry, Tata Sons chairman, warned the group that it may have to write down about 2/3rd of its net worth due to its 5 unprofitable businesses. On Thursday, all group stocks, encompassing cash cow TCS - Tata Consultancy Services, opened in the ‘red’ after the contents of the email wri

Cyrus Mistry: Tatas staring at $18 billion in writedowns - Dynamic Levels

In a novel missive to the Tata Group, ousted Cyrus Mistry (chairman) warned that the tea-to-software behemoth may be staring at 18 billion dollars in writedowns due to five unprofitable businesses he inherited. Mistry, who had been Tata’s chairman for close to 4 years, was abruptly removed from his role on Monday for non-performance without an opportunity to defend himself, the executive

Idea, Airtel Q2 below expectation; is it Jio effect? - Dynamic Levels

Ever since its commencement, Jio did not fail to amaze us for even a day. From free voice call to free internet- users have been thoroughly amazed by the telecom service provider. As per the latest news all Jio subscribers will have free data till the end of 2016. However some sources feel that in order to reach a customer base of 100 million, Jio might extend the offer to March 2017.

Ratan Tata back in saddle as the interim Chairman by Mr Ajay Bodke - Prabhudas

"What would provide reassurance to the market is the fact that Mr. Ratan Tata is back in saddle as the interim Chairman as also the tight deadline of four months given to the Selection Committee by the Board of Tata Sons. Also, the Selection Committee comprises of venerable corporate leaders. After the initial wobble the group's shares should stabilize in my view.

As the indi

We maintain our Accumulate rating on HDFC Bank Ltd by Mr. Siddharth Purohit - Angel

Below is the views on HDFC Bank Limited 2QFY2017 Results By  Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd ) 

“HDFC Bank reported a steady set of results for the quarter. PAT grew by 20.4% YoY to INR 3455 cr. Loan growth witnessed some moderation during the quarter and was up by 18.1%, lower than 23.3% it had r

We maintain our Neutral rating on Dr.Reddy's Laboratories Ltd by Ms. Sarabjit Kour Nangra - Angel

Below is the views on Dr.Reddy's Laboratories Ltd 2QFY2017 Results by Ms. Sarabjit Kour Nangra (VP- Research IT, Angel Broking Pvt Ltd)

“Dr Reddy’s Lab posted results lower than expected on net profit front, while the sales were marginally higher than expected and operating profits, much lower than expected. In rupee terms, the consolidated revenues; c

Traders should use any dip or pause to accumulate fundamentally sound counters - Religare Sec

Below is the views on weekly technical recommendations by Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd 

Markets witnessed a swift recovery in the passing week and gained over a percent amid mixed cues. The week though started on the disappointing note, citing feeble global markets and lower guidance from the IT majors. Sentiments gr

Your Card is Blocked after Data Breach, is the Money Safe? - Dynamic Levels

Indian banks carried out the country's largest-ever card replacement move after a massive figure of 3.2 million accounts were compromised in an elephantine data breach that was found to have stemmed from China. Many top banks in the country, including national lender SBI and others - HDFC Bank, YES Bank, ICICI Bank, and Axis Bank were among those hit. While there has been a proactive measur

We maintain our buy rating on Wipro Ltd by Ms. Sarabjit Kour Nangra - Angel Broking

Below is the views on Wipro Ltd 2QFY2017 Results by Ms. Sarabjit Kour Nangra (VP- Research IT, Angel Broking Pvt Ltd)

“Wipro announced results lower than expected on the US$ IT services sales terms, while on EBIT margins and Net profit, it came in higher than expected. The sales front, the company posted 0.8% sequential de-growth in its USD IT Services revenues

Reliance Jio's Free Call offer clears the TRAI Test - Dynamic Levels

Last month, India’s richest man, Mukesh Ambani, made a grandiose entry into the telecom sector, announcing a Jio Welcome Offer which gives unlimited free calls to its subscribers for lifetime.

The Telecom Regulatory Authority of India (Trai), in order to boost Reliance Jio, which is offering life-time free voice calling service, has held that tariff plans of the new player are c

We maintain our Neutral rating on Yes Bank Ltd by Mr. Siddharth Purohit - Angel

Below is the views on Yes Bank Ltd 2QFY2017 Results By  Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd )

“Yes Bank reported yet another quarter of strong results. NII growth of 30.5% and PAT growth of 31.3% was ahead of our expectations. The growth was backed by 38% growth in loan book. Deposit growth also remained stron

We maintain our Buy rating on RBL Bank Ltd by Mr. Siddharth Purohit - Angel

Below is the views on RBL Bank Ltd 2QFY2017 Results By  Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd )

“RBL Bank has come out with a good set of results for the quarter. Being the first result by the bank post IPO, it was highly awaited by investor community and the bank has met the expectations with a 44% growth in Lo

Reliance Meets Q2 Expectations, But All Eyes on Jio - Dynamic Levels

The announcement of the looming commercial launch of services by its telecom unit Reliance Jio at its annual general meeting (AGM) has augured well for the RIL - Reliance Industries stock. Reliance share price has risen 7.5 per cent from its recent low on 2nd September. However, it’s worth remembering that the scrip has been an underperformer as compared to the benchmark Sensex so far thi

Jio is a commitment of Rs.2,50,000 cr: Mukesh Ambani - Dynamic Levels

Mukesh Ambani recently called his encounter with incumbents over the points of interconnect as ‘ragging’ of a new comer, which both he and his firm were agreeing to bear but not at the cost of millions of subscribers. Just a day after Reliance Industries threatened Bharti Airtel, Idea Cellular and Vodafone of consequences, he stated that he was waiting to see if the ‘ragging&r

We maintain our Neutral rating on UltraTech Cement Ltd by Mr. Siddharth Purohit - Angel

Below is the views on UltraTech Cement Ltd 2QFY2017 Results By  Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd ) 

“On volume front the company has disappointed, but lower input cost has helped in sustaining EBITDA margins to some extent. EBITDA/Ton at INR 1,033 has been in line with expectations. With monsoon getting

We believe earnings will largely dictate the market trend ahead - Religare Sec

Below is the views on weekly technical recommendations by Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd 

The passing holiday shortened week turned out to be a disappointing one for equity markets as the benchmark index, Nifty, slipped over a percent amid volatility. It was mainly slide on global front that weighed on the sentiments,